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Valuations Are Tanking but It’s Not (yet) Doom and Gloom
Date: September 13, 2022
The author of the piece is: Victor Basta, Co-Head, DAI Magister It’s been a rough year for the public and private markets. With talks of interest rate hikes heating up, the S&P fell by 11% in January, making it the worst January since 2009. The tech-heavy NASDAQ composite slumped 12%. European stock markets didn’t fare much...
No Spring in Sight for Funding’s Nuclear Winter. How Should Startups Respond?
Date: September 7, 2022
By Christina Ross, CEO, Cube It’s no secret – times are tough for startups looking for funding. With the largest quarterly drop in more than a decade, gone is the promise of endless capital without guardrails. According to CB Insights, total venture funding was down 23% this quarter and mega-round funding of $100M or more...
Adnami Secures Series a Funding From Qntm Group
Date: August 23, 2022
Sponsored Feature Presented by Adnami The investment is designed to accelerate Adnami’s steep growth trajectory as it continues to revolutionise programmatic, high impact advertising London, UK, 23rd August, 2022: Following its rapid growth across the Nordics and throughout Europe, leading ad tech company Adnami today announces that it has secured series A growth funding from...
U.S. Startup Valuations Contract as Early-Stage Investors Turn Cautious
Date: August 11, 2022
By Niket Nishant and Mehnaz Yasmin (Reuters) – U.S. startups seeking early-stage funding saw a decline in their valuations in the second quarter, as jittery venture capital investors urge founders to make more concessions. Easy fiscal policies and stimulus measures that led to an investment frenzy last year and sky-high startup valuations are now fading...
Tech Stocks Remain Under Pressure, but There’s Light at the End of the Tunnel
Date: August 10, 2022
Author Marc Deschamps, Co-head, DAI Magister Technology companies have had a truly stellar run. COVID accelerated that. Yet so far this year tech has had a torrid time, with concerns about inflation and US rate hikes weighing heavily. Nasdaq is down 30% year to date more than reversing its 21% jump in 2021. Many of...
Tennis-Serena Williams to Retire From Playing After U.S. Open
Date: August 9, 2022
By Amy Tennery NEW YORK (Reuters) – American great Serena Williams said on Tuesday she was “evolving away from tennis” and planned to retire from the sport she dominated with 23 Grand Slam titles following the U.S. Open tournament, which begins later this month. On Monday, Williams played only her second singles match since she...